Rajasthan DISCOM Invites Bids for 531 MW of Solar Projects Under KUSUM
The select developers will have to sign a 25-year PPA with Rajasthan Urja Vikas Nigam
The Jodhpur Vidyut Vitran Nigam (JDVVNL) has floated seven tenders for installing and commissioning 531.12 MW of grid-connected solar power projects in various subdivisions of Jalore Circle under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program.
The successful bidder must undertake the project’s operation and maintenance for 25 years from the commercial operation date.
The projects will be developed under the renewable energy service company (RESCO) model.
Bidders must submit ₹100,000 (~$1,214)/MW of the quoted capacity as an earnest money deposit for all the tenders.
Successful bidders must furnish ₹500,000 (~$6,068)/MW of the quoted capacity as a performance bank guarantee.
The estimated project cost is ₹35 million (~$424,739)/MW.
A power purchase agreement (PPA) for 25 years at the levelized tariff will be executed between the bidder and the Rajasthan Urja Vikas Nigam within seven days of submitting the performance bank guarantee.
The projects must be commissioned within nine months from the PPA signing.
For landowners, farmers, and any individual possessing the required land for the project, an undertaking certifying the ownership of assets of at least 20% of the total cost of the quoted capacity must be submitted.
To be eligible, the minimum average annual turnover of bidders should be at least 30% of the total cost of the quoted capacity during the last three financial years.
JDVVNL has mandated the use of indigenously manufactured solar modules, which are also on the Approved List of Models and Manufacturers (ALMM).
Recently, JDVVNL floated seven tenders for installing and commissioning 452 MW of grid-connected solar power projects in various subdivisions of Barmer Circle under Component C of the PM-KUSUM program.
Earlier, JDVVNL had invited bids to install and commission 32.76 MW of grid-connected solar power projects in various subdivisions of the Balotara division in the Barmer circle under Component C of the PM-KUSUM program.
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